SOUNDHOUND ALERT: Bragar Eagel & Squire, P.C. is Investigating SoundHound AI, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against SoundHound AI, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1] Summary by Relevant Sections Class Action Complaint - The complaint alleges that during the class period, SoundHound failed to disclose material weaknesses in its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2] - It is claimed that SoundHound overstated its remediation efforts regarding these internal control weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2] - The complaint also indicates that SoundHound would require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2] SEC Filing and Stock Impact - On March 4, 2025, SoundHound announced it would be unable to timely file its Annual Report for 2024, citing complexities in accounting for the SYNQ3 and Amelia Acquisitions and identified material weaknesses in internal controls [3] - Following this announcement, SoundHound's stock price fell by $0.61 per share, or 5.86%, closing at $9.72 per share [3]